BlackRock Floating Rate Income (BGT) vs Western Asset High Income Fund II (HIX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Western Asset High Income Fund II is the larger company by market cap ($313.4 million vs $307.8 million), about 1.0 times the size. On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (6.8x vs 24.6x for BlackRock Floating Rate Income). Western Asset High Income Fund II offers the higher dividend yield (16.90% vs 13.98%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BGT | HIX |
|---|---|---|
| Share price | $10.32 | $3.48 |
| Market cap | $307.79M | $313.44M |
| 1-day change | -0.67% | -0.29% |
| P/E ratio (TTM) | 24.57 | 6.82 |
| EPS (TTM) | $0.42 | $0.51 |
| Dividend yield | 13.98% | 16.90% |
| Annual dividend | $1.44 | $0.588 |
| 52-week high | $12.22 | $4.35 |
| 52-week low | $10.22 | $3.45 |
| Distance from 52-week high | -15.55% | -20.00% |
| Average volume | 132.11K | 368.52K |
| Shares outstanding | 29.82M | 90.07M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BlackRock Floating Rate Income trades at a higher earnings multiple (24.6x vs 6.8x trailing P/E).
- Western Asset High Income Fund II offers a meaningfully higher dividend yield (16.90% vs 13.98%).
About BlackRock Floating Rate Income
BGT stock →BlackRock Floating Rate Income Trust is a close ended fixed income mutual fund launched by BlackRoack Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc.
Financial Services · Asset Management
About Western Asset High Income Fund II
HIX stock →Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Financial Services · Asset Management
BGT vs HIX FAQ
Which is bigger, BlackRock Floating Rate Income or Western Asset High Income Fund II?
Western Asset High Income Fund II (HIX) is larger, with a market capitalization of $313.44M compared with $307.79M for BlackRock Floating Rate Income (BGT).
Which has the lower P/E ratio, BGT or HIX?
HIX has the lower trailing P/E at 6.8, versus 24.6 for BGT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock Floating Rate Income or Western Asset High Income Fund II?
Western Asset High Income Fund II has the higher yield at 16.90%, compared with 13.98% for BlackRock Floating Rate Income.
Are BlackRock Floating Rate Income and Western Asset High Income Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.